New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 14, 2014
05:54 EDTMDRMcDermott upgraded to Neutral from Underweight at HSBC
HSBC upgraded McDermott to Neutral with a $7 price target citing improved liquidity following the capital raise.
News For MDR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
June 23, 2015
07:03 EDTMDRMcDermott awarded Otis Field Subsea Tieback Project by LLOG
McDermott International has been awarded a “sizeable lump sum contract” by LLOG Exploration Offshore in support of LLOG’s Otis development located in the Gulf of Mexico. The lump sum contract will be included in McDermott’s second quarter 2015 backlog. The Otis field, located in Block Mississippi Canyon 79, will be developed as a subsea tieback to the Delta House floating production system, or FPS, and lies in approximately 3,800 feet of water. McDermott’s Houston office will perform the overall project management and engineering. The flowline and SCR are scheduled to be assembled and fabricated at McDermott’s new spoolbase facility in Gulfport, Mississippi. Offshore installation is scheduled to be completed in early 2016.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use